Dr. John Clarke, President & CEOMining on Top Conference, London, UKJune 2013

Investing in Community Development in the Eastern DRC

DRC & Banro– A Primer

Democratic Republic of the Congo

DRC population…………………70 millionLandmass………………………….2.3 million sq km (3x Texas)Capital……………………………….KinshasaMajor languages……………….French, Kiswahili, LingalaMajor religions………………….Christianity, IslamLife expectancy (man)……..47Life expectancy (woman)…51Main exports……………………..Diamonds, copper, coffee, cobalt, crude oilGross income per capita…..US$190/year (World Bank, 2011)

Banro Corp.

• Canadian based company with offices in Bukavu & Kinshasa• Listed on the Toronto and New York Market stock exchanges (BAA)• Acquired DRC property in 1996• Began construction of Twangiza Gold Mine in 2009• Twangiza gold production forecast - 85-100,000 oz for 2013• Began construction of Namoya Gold Mine in 2012• Namoya first gold production planned for Q4 2013• Goal = +200,000 ounces of gold in 2014

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EducationState’s ability to pay teachers in remote locations is limited, parents must pay tuition = lower attendance and lower priority for daughters & younger sons to attend school

HealthcareReasonable hospitals in cities but limited medical facilities in rural areas= higher illness & mortality rates

InfrastructureLimited funding for roads, bridges, electric power, potable water facilities = reduced commerce & stunted local economies

EmploymentLow job creation rates in the private sector throughout the NE DRC and few job skills programs = little economic improvement in communities

The Banro Foundation – ASSESSING the need

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Education$1.6 million investment in 11 new schools & 2 refurbished schools serving +4,000 students, teacher salaries, desks, books and supplies

Healthcare$447,000 investment in health clinics, doctor & healthcare salaries & supplies

Infrastructure$1.27 million investment in hundreds of kilometres of new roads, refurbished roads, rebuilt bridges and potable water programs

Employment1,000 Congolese in Banro’s technical, professional, management or supervisory jobs; another 3,000employed through Banro’s contractors; local purchasing and knock-on of these jobs creates another 20,000 jobs for local residents

The Banro Foundation – ADDRESSING the need

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In less than a decade, Banro has gone from having no presence in eastern DRC to being the largest private employer in the region

• Currently 4,000 + jobs created by Banro and its contractors• Congolese well represented on Twangiza management team and growing

through on-the-job and formal training

Banro is committed to building the business and industrial skills base of Congolese in it’s communities

• Vocational training and skills development at the workplace• Strengthening university faculties in business relevant disciplines• Scholarships for high potential learners

Employment of Congolese

• Installed new bridges

• Repaired existing bridge

• Rehabilitated airstrips and roads leading to airstrips

• Ongoing maintenance of new and existing roads planned

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Banro has built or rehabilitated over 500 km of Public Roads

Road & bridge construction & rehabilitation

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Teaching literacy/numeracy skills & promoting alternative livelihoods

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Schools – a world of opportunity

Original elementary school

New Banro Foundation school

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New health care facilities & supplies

Old hospital kitchen

New hospital kitchen

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New Water Project, Bukavu – December 2012

Community infrastructure – potable water

The Banro Foundation

The Banro FoundationMartin Jones, Chairman1 First Canadian Place

100 King St. W.Suite 7070

Toronto, Ontario, Canadawww.banro.com1-800-714-7938

Thank you!